NextEra Energy honored for best practices in compliance programs and ethics initiatives

Published 10:50 PM ET Sat, 10 Nov 2012
PR Newswire

JUNO BEACH, Fla., Oct. 1, 2012 /PRNewswire-FirstCall/ -- NextEra Energy, Inc. (NYSE: NEE) has been recognized with the Compliance Leader Verification designation for investing resources proactively in compliance programs and for making ethics an imperative. The distinction was presented to the company by the Ethisphere Institute, a leading international think tank dedicated to the research and promotion of best practices in corporate ethics and compliance.

"Every employee and shareholder can be proud of this honor," said Jim Robo, NextEra Energy president and CEO. "Achieving good results and upholding both the letter and the spirit of laws and regulations are equally important at NextEra Energy. Strong governance differentiates companies today, and our commitment to compliance will help ensure that we continue to be a leader in this regard."

Ethisphere reviewed NextEra Energy's current compliance and ethics-related initiatives, and benchmarked them against the hallmarks of an effective compliance program, as defined by federal guidelines as well as corporate and industry best practices. These best practices include policies such as board of director oversight, program structure and responsibility, training and communications, monitoring and auditing, and enforcement and discipline.

NextEra Energy, Inc.

NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company with revenues of more than $15.3 billion, more than 41,000 megawatts of generating capacity, and approximately 15,000 employees in 24 states and Canada as of year-end 2011. Headquartered in Juno Beach, Fla., NextEra Energy's principal subsidiaries are Florida Power & Light Company, which serves approximately 4.6 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the country, and NextEra Energy Resources, LLC, which together with its affiliated entities is the largest generator in the United States of renewable energy from the wind and sun. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com.